Samajwadi Pension Yojana

The Samajwadi Pension Yojana is started by Uttar Pradesh government to encourage savings among people living below the poverty line and provide them financial assistance. The Samajwadi Pension scheme is expected to replace the existing pension scheme in Uttar Pradesh namely Rani Laxmibai Pension Yojana. This new pension scheme strives to provide financial assistance at least to one family out three poor families. The scheme provides many features like the scheme provides a monthly pension of Rs. 500 each rural family. The Samajwadi Pension Yojana aims to improve the financial condition of economically backward sections in Uttar Pradesh who don’t have any sources of income. Under this scheme, the Uttar Pradesh government decides to include 12 lakh families from the ST, SC group, 10 lakh form the minority group and 18 lakh families from General and Other Backward Classes (OBC). The Samajwadi Pension Yojana is primarily targeted towards categories such SC, ST, OBC and General category of people living below the poverty line.

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Benefits of Samajwadi Pension Yojana:

The Samajwadi Pension Yojana provides benefits in the form of financial assistance to help poor. The exact financial structure is mentioned below

The scheme provides a monthly pension of 500 each rural family

The pension amount increases by 50 in the subsequent financial years

The maximum pension limit offered by the Samajwadi Pension Yojana scheme is 750 per month

The scheme is particularly designed for families living below the poverty line in Uttar Pradesh

The pension will be paid to the head of a family. Pension amount transferred electronically to bank accounts of concerned individuals

Any family can apply for the Samajwadi Pension Yojana online. The online application of this scheme is available on the official website of Samajwadi Pension Yojana namely http://sspy-up.gov.in An applicant needs to first visit the website and follow the following steps:

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